A Balance of Payments (BOP)is

question 20

Multiple Choice

A balance of payments (BOP) is

• A) the difference in exchange rates between two currencies.
• B) a register of all trade between two nations.
• C) a record of all payments between one nation and the rest of the world.
• D) the arbitrage potential caused by difference in real prices of goods in different countries.
• E) the account of all payments for goods and services from one nation to another.

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Definitions:

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Legal documents that order an individual or organization to appear in court or produce evidence or information in a legal case.

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